Mechanics

Deflationary ECR20 Utility Token

$FRG is a deflationary ERC20 utility token on the Ethereum blockchain. The $FRG token was fair launched with supply starting at zero and has been distributed via staking and other rewards. No team tokens were awarded.

Supply

• Original supply was 300,000,000 $FRG

  • Initial intended supply is 200,000,000 of $FRG

    • Reserve supply of 100,000,000 $FRG

• 200,000,0000 $FRG has been burned leaving a current maximum supply of 100,000,000

• Current Supply = 100,000,000 $FRG

Price

The Plague has no control of the value of $FRG nor will it comment on the speculative price for $FRG.

Distribution

Supply of $FRG is distributed passively through staked Frogs or as rewards determined by Plague Brands Corp

• Passive Supply Distribution via Staked NFTs

  • Passive supply distribution from staked Frogs will be a minimum of 100,000,000 $FRG tokens at a maximum potential rate of 3,219,300 (details below) $FRG tokens per month

  • It is possible for $FRG to be distributed passively via staking from other NFTs

  • Total passive supply distribution will not exceed 4,219,300 $FRG per month

• Active Supply Distribution Rewards

  • Active supply distribution will start at 99,000,000 $FRG.

  • The Rana DAO will determine active rewards criteria

  • Active $FRG supply can be earned by any NFT

  • Frogs should always earn more $FRG than non-Frogs for like actions

• TOTAL Monthly $FRG distribution will not exceed 5,000,000 per month (Passive + Active)

Note: 1,000,000 $FRG was airdropped to Frogs that made it through the first three snapshots.